NOT LISTED FOR SALE

1198 Drager Rd Eagle River, WI 54521

Estimated Value: $577,000 - $729,000

3 Beds
2 Baths
1,625 Sq Ft
$396/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $220,000 $135 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $3,662/month

30 Days on Market

Highlights

  • Lake Front
  • Guest House
  • 71,438 Sq Ft lot
  • Docks
  • Spa
  • Wooded Lot

About This Home

As of October 2017

Recreation, investment, rental or subdivide...You decide! 200 feet, per assessor, of perfect sand frontage on the famous Eagle River Chain of lakes. The main house features a large living room overlooking the water, 3 bedrooms, 2 baths, a hot tub room & a great rec-room in the lower level with pool table and bar area. There is a 1 bedroom, 1 bath guest cottage as well as a waters edge cabin that needs some refurbishing. Zoning allows for rentals if you wish. Tons of potential and A+ location. Just a few minutes boat ride to Eagle River and the remaining 28 lakes on the chain. Aggressively priced to settle an estate, don't wait, Call today!

Last Agent to Sell the Property

Paul Kitslaar

KITSLAAR REAL ESTATE Listed on: 09/25/2017

Last Buyer's Agent

Marcia Pluess

FIRST WEBER - EAGLE RIVER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,179

Lot Details

  • 1.64 Acre Lot
  • Lake Front
  • River Front
  • South Facing Home
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Aluminum Siding
  • Composite Building Materials

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Washer Hookup
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Spa
  • Docks
  • Outbuilding

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 14-1510

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,179

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront, River
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: Eagle River
  • Ownership: Fee Simple,Personal Rep
  • Directions: In Eagle River Hwy 45 just north of the river, left on Illinois Road 1 mile to left on Drager Rd. Home on Left.
  • Above Grade Finished Sq Ft: 1625.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Gas Oven, Gas Range
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Hot Tub/Spa

Exterior Features

  • Lot Features: Buildable, Lake Front, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front, River Front
  • Waterfront: Yes
  • Construction Type: Aluminum Siding, Composite Siding, Frame, Wood Siding
  • Direction Faces: South
  • Exterior Features: Dock, Out Building(s), Other
  • Foundation Details: Block
  • Other Structures: Guest House, Outbuilding
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Driveway

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Driven Well, Well

Condo/Co-op/Association

  • Community Features: Quiet Area

Lot Info

  • Lot Size Sq Ft: 71438.0
  • Parcel #: 14-1510

Tax Info

  • Tax Annual Amount: 2179.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2017
Closed on
Oct 26, 2017
Sold by
Swiontek Anthony M and Swiontek Thaddeus C
Bought by
Welloch Eric J and Welloch Sharh E
Seller's Agent
Paul Kitslaar
KITSLAAR REAL ESTATE
Buyer's Agent
Marcia Pluess
FIRST WEBER - EAGLE RIVER
List Price
$244,900
Sold Price
$220,000
Premium/Discount to List
-$24,900
-10.17%
Current Estimated Value
$644,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,111
Avg. Annual Appreciation
14.39%
Original Mortgage
$176,000
Outstanding Balance
$147,206
Interest Rate
3.78%
Mortgage Type
Commercial
Estimated Equity
$496,905

Purchase Details

Closed on
Jul 9, 2007
Sold by
Swiontek Helene N
Bought by
Swiontek Thaddeus C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Welloch Eric J $220,000 Knight Barry Title Inc
Swiontek Thaddeus C $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welloch Eric J $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $220,000 -10.2% $135 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $244,900 -- $151 / Sq Ft
Source: Greater Northwoods MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,099 $557,300 $207,900 $349,400
2023 $3,418 $558,600 $207,900 $350,700
2022 $2,709 $297,400 $134,000 $163,400
2021 $2,627 $297,400 $134,000 $163,400
2020 $2,256 $254,900 $134,000 $120,900
2019 $2,159 $242,800 $134,000 $108,800
2018 $2,077 $242,800 $134,000 $108,800
2017 $2,128 $262,100 $134,000 $128,100
2016 $2,179 $262,100 $134,000 $128,100
2015 $2,196 $262,100 $134,000 $128,100
2014 $2,142 $262,100 $134,000 $128,100
2013 $2,624 $316,500 $187,100 $129,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 168051

Greater Northwoods MLS

APN: 14-1510